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High Tech Seed Founded 2017

Clockwork

Clockwork provides a cloud-based delivery performance platform that digitizes the truck delivery ecosystem by connecting shippers, carriers, and logistics systems through a single integration. The platform gathers delivery data through EDI, API, web portal, mobile app, and messaging options, enabling real-time tracking, proof of delivery, and automated event capture across all delivery stages including rates,…

📍 Newark, United States · IoT Applications,

Funding snapshot

Last roundSeed
Amount$1M
Date26 May 2023
Total raised$8M
Team size12

About

Clockwork provides a cloud-based delivery performance platform that digitizes the truck delivery ecosystem by connecting shippers, carriers, and logistics systems through a single integration. The platform gathers delivery data through EDI, API, web portal, mobile app, and messaging options, enabling real-time tracking, proof of delivery, and automated event capture across all delivery stages including rates, quoting, booking, dispatch, pickup, tracking, messaging, receiving, staging, and invoice audit. Clockwork extends the reach of existing TMS and ERP systems by bridging gaps between independent carriers and enterprise shippers, helping logistics teams build deeper relationships with truck providers and improve transparency and flexibility. The platform processes 1.5 million deliveries per year across 900-plus active drivers, 250-plus motor carriers, and 16 countries. Founded in 2017 and headquartered in Henderson, Nevada, the company has raised $7.9 million in seed funding from investors including Newtownpartners, PSA unboXed, Imperial Logistics, Newark Venture Partners, Maersk Growth, F-LOG Ventures, TecPier, Motion Ventures, and Next Logistics Accelerator. Clockwork serves third-party logistics providers and shippers seeking to automate delivery processes and improve operational performance.

Business model

Logistics Tech > Freight > Multimodal > Technology Enablers > Trade Management > Trade Data

Founders & team highlights

Serial Founder

Institutional investors

Newtownpartners PSA unboXed Imperial Logistics Newark Venture Partners Maersk Growth F-LOG Ventures TecPier Motion Ventures Next Logistics Accelerator

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